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Financial services update: ESMA on short selling; new principles for CISs; Financial Conglomerates Directive

Overview

The weekly financial services update from Macfarlanes includes details on:



  • the FSA Discussion Paper on AIFMD implementation;

  • ESMA's consultation paper on short selling and credit default swaps;

  • FSA fines insurance companies for principle 2 breach (skill, care and diligence);

  • FSA amendments to rules on custody liens; IOSCO's nine principles on suspensions of redemption of in collective investment schemes;

  • the first amending Directive to financial conglomerates legislation; and

  • the European Association of Central Counterparty Clearing Houses' survey concerning central counterparty clearing houses.


To read the full details on all these stories, click 'View Briefing'.

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